Cerberus
Jun 20 2007, Rahul

Federal antitrust regulators have accepted Cerberus Capital Management’s $7.4 billion deal for ailing Chrysler.

Cerberus has struck a deal with DaimlerChrysler- last month in which ailing auto maker had agreed to transfer an 80.1 percent stake...

Related Stories
Most Recent Most Popular Most Commented
(0)
AP, Jacksonville
The attorney for a Marine accused of killing a pregnant colleague says his client is fighting extradition to the United States.
made popular 14 min ago
(0)
AP, Havana
Fidel Castro says a “profound racism” in the United States will stop millions from voting for Barack Obama in next month’s presidential election.
made popular 55 min ago
(0)
AP, Petrolia
About 2,500 people have fled a toxic cloud after a corrosive material was leaked at a chemical plant in western Pennsylvania.
made popular 1 hr. ago
(0)
AP, Washington
Global finance leaders are pledging cooperation between rich and poor nations to deal with a severe credit crisis after President Bush discussed the seriousness of the...
made popular 3 hr. ago
(0)
AP, Santa Claus
The grandsons of Santa Claus are coming to town.
made popular 3 hr. ago
(0)
AP, Albuquerque
Pilots of hot air balloon pilots on Saturday mourned the loss of one of their own in a fiery crash at Albuquerque’s famous balloon festival, even as they say...
made popular 4 hr. ago
(0)
AP, San Antonio
The NAACP will have lawyers targeting 750 precincts around the nation on Election Day to help address complaints about possible voter disenfranchisement, the...
made popular 4 hr. ago
(0)
Craig, Miami
For $13.25 plus shipping you can create ice cubes that look like AK-47 rounds. (Today was a good day.)
made popular 4 hr. ago
(0)
AP, Washington
Rep. John Lewis, a Georgia Democrat and veteran of the civil rights movement, says the negative tone of the Republican presidential campaign reminds him of the hateful...
made popular 5 hr. ago
(0)
AP, Albany
Calling him the true reformer in the presidential contest, members of Reform Party USA endorsed Sen. John McCain for president on Saturday.
made popular 5 hr. ago
(1)
Domonique, Washington
A group of San Francisco first-graders took an unusual field trip to City Hall on Friday to toss rose petals on their just-married lesbian teacher - putting the public...
made popular 5 hr. ago
(0)
Craig, Miami
With shares of Research In Motion among those that have seen a massive drop in recent months, Reuters on Friday made the case that the company could make a juicy...
made popular 5 hr. ago
(0)
AP, Anchorage
A month after she became governor, Sarah Palin’s staff ushered Alaska’s public safety commissioner into her private office.
made popular 5 hr. ago
(0)
AP, Washington
Rep. John Lewis, a Georgia Democrat and veteran of the civil rights movement, says the negative tone of the Republican presidential campaign reminds him of the hateful...
made popular 6 hr. ago
(0)
AP, Detroit
For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash. Lots of it, according to industry analysts.
made popular 6 hr. ago
(0)
AP, Asheville
Evangelist Billy Graham was released from the hospital Saturday, sore and bruised but not seriously injured, after he tripped and fell over one of his dogs at his North...
made popular 6 hr. ago
(0)
AP, Washington
The International Monetary Fund says it strongly endorses a plan by rich countries to fight the global credit crisis.
made popular 6 hr. ago
(0)
Kevin, Columbia
This may sound tacky to some, but there’s meaning behind names. Just as myth can communicate truth with fictional stories, so names are used to give myths their...
made popular 7 hr. ago
(0)
Brandon, Rochester
While the U.S. Senate predictably capitulated to the demands of Wall Street last night, for the first time in recent memory the House listened to the American people...
made popular 7 hr. ago
(0)
AP, Washington
President Bush and foreign financial officials displayed joint resolve Saturday to combat the unfolding financial crisis, hoping to calm investors whose panic has...
made popular 7 hr. ago
All Stories
Most Recent Most Popular Most Commented
(0)
AP, New York
Germany’s Daimler AG says it’s in talks to sell its remaining stake in Chrysler LLC to private-equity firm Cerberus Capital Partners.
made popular Sep 24 2008
(0)
AP, Detroit
After running Chrysler LLC for a year, Cerberus Capital Management LP must be wondering if its mascot, the three-headed dog that guards the gates of hell, is protecting...
made popular Aug 5 2008
(0)
AP, Greenwich
Cerberus Capital Management L.P. agreed Monday to pay United Rentals Inc. a $100 million breakup fee for dropping its $4 billion purchase of the equipment-rental...
made popular Dec 24 2007
(0)
AP, Kansas City
H&R Block Inc. said Tuesday that a deal to sell its troubled mortgage lending arm has fallen through, forcing it to scrap most of the $1 billion business.The...
made popular Dec 4 2007
(0)
AP, Kansas City
Cerberus Capital Management LP and H&R Block Inc. said Tuesday they terminated their agreement for Cerberus to purchase H&R Block’s mortgage subsidiary,...
made popular Dec 4 2007
(0)
Balendu, Delhi
US private equity group Cerberus inched closer to acquire Chrysler, the struggling US unit of Germany’s DaimlerChrysler, reports suggest. DaimlerChrysler is...
made popular May 14 2007
(0)
Rahul, Shimla
British music group EMI Group, faces takeover interest from three U.S. private equity firms that expected to offers 260p a share, valuing Britain’s major music...
made popular May 7 2007
(0)
Naresh Chauhan, Shimla
For growing concerns about underwater security, to prevent underwater threats and provide early warning to ships and other high value liners, QinetiQ has recently...
made popular Sep 28 2006
Images
Stuttgart:

In this Feb. 15, 2007 file photo, a Mercedes-Benz limousine leaves the maingate of the DaimlerChrysler headquarters in Stuttgart, southwestern Germany. Germany’s Daimler AG says it is in talks to sell its remaining stake in Chrysler LLC to...